It's all Bush's fault!
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Obama increased our total debt by 30% in 2 years. His $862 Billion Stimulus + $700 Billion Tarp were part of that contributing 31% to this debt. Don't say it was our current trajectory, because he made choices like Libya, solely on his own. He subscribes to Sun Tzu. You might want to read "The Art of War" sometime.
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@ThunderheadNebula you forget that Obama's first budget started October 1 2009.Bush's budget ended September 30 2009. The policies that created the huge deficits and revenue reduction were implemented between 2001 and 2005.
Almost all of the deficit is caused by Bush policies. Plus you throw in the recession that Republican policies help create. You know "let the free market regulate itself"
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Barney Frank came into power in 2007, well after the financial crisis caused by Wall Street was started. DUH!
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The debt when George W. Bush took office was $5.727 Trillion when he left it was $10.627 Trillion. The total debt that George W accumulated in eight years of office is $4.84 Trillion The debt right now is $14.23 Trillion. In approximately 788 days in office, Obama has accumulated $4.24 Trillion. Using simple algebra you'll find by Nov 24 2011, Obama will have accumulated more debt in three years than George W. did in 8 years.
Allen West 2012
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yeah really, barney frank is a real winner for our country.
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George W. Bush's Faultby NephewSamProductions1,792 views- 1:14
George Bush: we want everybody in America to own their own home. That's what we want.by vastgoedzeepbel30,143 views
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McCain response to Obama: 'Blame it on Bush'by fshakir127,995 views
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Funny animated cartoon: Obama Welcomes Bo the Dogby ccikat13,529 views
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Alien Invasion 3: Aliens invade. Its Bush's Faultby RichAdonis898 views
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NEW WORLD ORDER This Will Make You Angryby pileoftruth326,020 views
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Magali, Netherlands (47156)by islandreefjob2636,733 views
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Pelosi Floor Speech: The Crisis is Bush's faultby radiovice748 views
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VIDEO PROOF THE ECONOMIC MELTDOWN WAS BUSH-90%MCCAINS FAULTby Experience4America2,560 views
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Its Clinton's Faultby texshelters1,494 views
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Bush's Housing Bubbleby blomquist95,863 views
- 10:59
Cause of 2008 financial crisis - Democrats block regulationby pbabGpbab2,233 views
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Destruction of Lives and The American Dream of Homeownershipby blomquist91,317 views
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Goodbye, Mr President (Original Song)by collegeBoi152,299 views
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Foreclosures 101 - The Housing Crisisby FiresideProduction2,479 views
- 2:55
Every Cent You Make (I'll be taxing you)by Robez93173,738 views
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laboratoirum bevruchtingby macmenco8,034 views
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Is Barack Obama a little nutty? (Acorn Connection)by PoliticalssIdiot5,726 views
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Obama Blames Solyndra Scandal On...BUSH!by joegerarden4,195 views
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Barney Frank in 2005: What Housing Bubble?by morgenr176,875 views
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2002 Bush promoted home ownership – even for people with bad credit … “"Just as nice a home as anybody else …."
Bush 2004 Campaign ”Ownership Society Program’, Repub. Congress funded it [-‘gave’- down-payments and closing costs 700 B$ taxpayer funded] – “American Dream Down payment Assistance Act 2003-2008]; Ignored multiple HUD warnings.
“Fact Sheet: America's Ownership Society: Expanding Opportunities” & “New Agency Proposed to Oversee Freddie Mac and Fannie Mae”
Cont
hackit12 1 year ago 4
Wall St. [fraudulently] packaged –‘Shitty Deals’– paid the rating companies [S & P, Moody’s, etc] to falsely represent them as equal to Triple A securities - to Govt. bonds.
Wall St. firms –‘insured’- their shitty deals, subsequently bankrupting AIG.
“Bringing Down Wall Street as Ratings Let Loose Subprime Scourge” & “Goldman’s Half Billion Settlement: Why?”
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Financial institutions were involved in deceptive and complex predatory practices, for short-term profits according the the FBI.
hackit12 1 year ago 2